Popular News

GULF STEEL BILLET, REBAR: Billet import prices stable, rebar import prices fall

April 03, 2018 / www.metalbulletin.com

Prices for imported billet in the United Arab Emirates were unchanged this week, while import rebar prices fell, sources told Metal Bulletin on Tuesday April 3. Demand for imported rebar in both the UAE and Saudi Arabia remained weak. Domestic rebar The major rebar producers in the UAE announced new rebar prices on March 26. The biggest steel producer, Emirates Steel, increased its rebar...Read More

Jack Chan's Weekly Precious Metals Update

April 03, 2018 / news.goldseek.com

Source: Jack Chan for Streetwise Reports 04/02/2018 Technical analyst Jack Chan updates the gold and silver charts. -->Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal. Short-term signals can last for days and week...Read More

Digital Video Stock Soars on Takeover Agreement

March 26, 2018 / smallcappower.com

NeuLion, Inc. (TSX:NLN), a digital video stock, shot up after announcing that it has agreed to be acquired by EndeavorSean Mason | March 26, 2018 | SmallCapPowerA digital video stock powered higher Monday following an offer it just couldn't refuse. Here's some small stocks making big moves on Monday, March 26, 2018 (as of 4 pm EST):NeuLion, Inc. (TSX:NLN), a digital video stock, surged 112% to...Read More

Options Traders Pile On Struggling GE Stock

April 03, 2018 / www.schaeffersresearch.com

Stifel cut its price target for General Electric stock todayGeneral Electric Company (NYSE:GE) is the worst Dow stock today, down 0.8% to trade at $13.01, after Stifel issued a price-target cut to $13 from $15. Against this backdrop, options traders are piling on GE -- with some likely betting on even bigger losses for the blue chip.Taking a closer look, roughly 126,000 GE options have changed ha...Read More

Gold Outperforms Stocks In Q1, 2018

April 03, 2018 / www.gold-eagle.com

- Gold signs off Q1 2018 with best run since 2011- Gold price supported by safe haven demand, interest-rate concerns and inflation- Trade wars and concerns over equity market have sent investors towards gold- ETF holdings highest in nearly a decade- Goldman Sachs: 'The dislocation between the gold prices and U.S. rates is here to stay'Gold ended March with its best performance since 2011. The safe...Read More

Macro Roundup (Apr 3)

April 03, 2018 / news.metal.com

SHANGHAI, Apr 3 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index rebounded to 90 following the release of upbeat economic data.SHFE metals saw mixed trading overnight with aluminium rising over 1%. Copper and tin inched up, while others edged down slightly.China’s Caixin/Markit manufacturing purchasing manag...Read More

Tim Termuende of Eagle Plains discusses the proposed Spin-out of Taiga Gold Corp. with StockPulse

April 03, 2018 / news.goldseek.com

Tim Termuende of Eagle Plains Resources discusses the strategy behind spinning-out and spotlighting the Taiga Gold Corp. exploration projects while outlining the anticipated benefits this may have for shareholders. Eagle Plains proposes to Spin-out Taiga Gold Corp. on a 1 Taiga for 2 Eagle Plains share basis, shareholders will retain their Eagle Plains share.http://www.eagleplains.com/ Read More

Review of Metals Charts and the Implications of the Latest COTs

April 03, 2018 / news.goldseek.com

Source: Clive Maund for Streetwise Reports 04/01/2018 Technical analyst Clive Maund reviews the most recent COT reports, and sees gold and silver diverging right now. -->We've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very cle...Read More

David Stockman: It's The Trump Slump - But Don't Blame The Donald!

April 03, 2018 / marketsanity.com

Continue...David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism...Read More

India's Tata Steel hits peak 10.95 mln tpy production in year ended March 2018

April 03, 2018 / www.metalbulletin.com

India's Tata Steel hit a peak hot-metal output of 10.95 million tonnes in the financial year ending March 2018 at its blast furnaces in Jamshedpur, compared with 10.83 million tonnes a year ago.It also achieved its best ever saleable steel production of 9.78 million tonnes in the financial year ending March 2018, compared to 9.7 million tonnes in the same period last year, the company said last we...Read More

Review Of Metals Charts And The Implications Of The Latest COTs

April 03, 2018 / www.gold-eagle.com

We've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very clear why those in control of publishing COT data hold up its release for three days (the data is always for Tuesday's close) so that those at the top of the food chain can positio...Read More

Sentiment Signal Flashing for First Time in 2 Years

April 03, 2018 / www.schaeffersresearch.com

Will the S&P climb a 'wall of worry' yet again?Since the February correction and subsequent stock market chop, investors have been reducing their exposure to equities. Not only did exchange-traded funds (ETFs) see a second straight month of negative outflows in March -- something we haven't seen since the financial crisis of 2008, per State Street Global Advisors -- but the latest National Associa...Read More

Gold: Patiently Waiting for... Nothing

April 03, 2018 / news.goldseek.com

Gold started the month with an upswing, silver soared and... Silver stocks declined. Yes, you read that right. Big upswings can be bullish developments, but it's definitely not true in all cases. For instance, in this case, one could say that while it's true that gold moved higher, it failed to move to the late-March high, let alone break above it. Why is gold not moving decisively in any direct...Read More

CNBC Asia lets GATA secretary indict press for aiding gold rigging by central banks

April 03, 2018 / news.goldseek.com

Dear Friend of GATA and Gold:Your secretary/treasurer was interviewed for about five minutes this morning by Bernie Lo and Akiko Fujita on CNBC Asia's "Squawk Box" program in Hong Kong, discussing the surreptitious daily interventions in the gold market by central banks and the Bank for International Settlements to suppress the monetary metal's price. A well-edited excerpt from the interview, la...Read More

Harry Dent: The Real Estate Doomsday Map

April 03, 2018 / marketsanity.com

Jeff was a small business owner in New Hampshire. One Tuesday afternoon, his neighbor called... "You need to get home NOW! There's a dumpster in your yard, a padlock on your door, and a bunch of guys are ransacking your house!"Continue...Read More

Stand-Off: Silver's Set-Up Is Bullish As Gold's Set-Up Is Bearish

April 03, 2018 / www.silverdoctors.com

Silver may have to wait for gold to sort itself out, but looking for much downside in silver may be disappointed. Here's why...by Clive Maund of Streetwise ReportsWe've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very clear why those i...Read More

China's Guiling Pinggang to commission new EAF in 2019

April 03, 2018 / www.metalbulletin.com

China's Guiling Pinggang Iron & Steel is to commission a new electric-arc furnace (EAF) mill by the second quarter of 2019, Metal Bulletin has learned.It will have a tapping weight of 120 tonnes and a 120-tonne twin ladle furnace.The EAF will be built in a new production facility in Pingle, Guilin, and aims to serve a growing rebar market, equipment maker Primetals said.It can be charged with ferr...Read More

U.S. and Israel interfere in Syria, says Iran president

April 03, 2018 / www.kitco.com

BEIRUT (Reuters) - Iranian President Hassan Rouhani attacked the United States and Israel for their roles in Syria before he boarded a plane for Turkey where he was scheduled to meet President Tayyip Erdogan and visiting Russian President Vladimir Putin.“The Americans are against the Syrian government establishing its authority throughout the whole country and are even thinking of a breakup...Read More

5 Canada-Listed China Stocks Set to Suffer from the Trump Tariff

March 26, 2018 / smallcappower.com

The Canada-listed China stocks on our list conduct all their operations in ChinaSmallCapPower | March 26, 2018: On Thursday, the Trump administration announced plans for $50 billion in additional tariffs on China, to be determined by trade officials within two weeks. On the same day, China announced tariffs on 128 U.S. products, in retaliation to the U.S. steel tariffs. Fears of a trade war betwee...Read More

The Skyrocket Phase

April 03, 2018 / news.goldseek.com

By Keith WeinerLet's tie two topics we have treated, one in exhaustive depth and the other in an ongoing series. They are bitcoin and capital consumption. By now, everyone knows that the price of bitcoin crashed. Barrels of electrons are being spilled discussing and debating why, and if/when the price will go back to what it ought to be ($1,000,000 we are told).As an aside, in what other market...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok